Directorate Change

DiamondCorp plcJSE share code: DMCAIM share code: DCPISIN: GB00B183ZC46(Incorporated in England and Wales)(Registration number 05400982)(SA company registration number 2007/031444/10)('DiamondCorp' or 'the Company')

RESIGNATION OF A DIRECTOR

DiamondCorp plc announces with immediate effect the resignation of Mr Subhi Benkhadra as a board representative of the European Islamic Investment Bank plc ("EIIB") following his departure from EIIB.

The directors of DiamondCorp wish to thank Mr Benkhadra for his valuable contribution at board level and wish him well with his future endeavours.

London

19 September 2011

AIM Nomad: Fairfax I.S. plc

AIM Brokers: Fairfax I.S. plc, Ocean Equities LtdJSE Sponsor: PSG Capital (Pty) LimitedDiamondCorp plc, Paul Loudon +44 20 7256 2651Ewan Leggat, Fairfax I.S. plc +44 207 598 5368Guy Wilkes, Ocean Equities Limited +44 207 786 4370John-Paul Dicks, PSG Capital (Pty) Limited +27 21 887 9602Charmane Russell/Marion Brower, Russell & Associates +27 11 880 3924